Barclays to cut more investment banking jobs

At the beginning of the year Reuters reported that Barclays we're going to be scaling back their investment bank operations across Asia.

Another story has just popped out to say they are also now looking at those operations in the UK and US with a view to cutting jobs there

If markets continue on their current path, I wonder how long it will be before we get to hear this sort of news with greater regularity...again